On Campus

University students concerned over debt-cap requirements

Student alliance canvassing students on debt-cap concerns

In New Brunswick, once a student has completed their university degree they can apply for the new Timely Completion Benefit, which caps their student loan debt at $26,000.

The president of the New Brunswick Student Alliance, Duncan Gallant, has raised the issue that students can be disqualified if they have not completed their degree within the time limit set by their specific program.

For example, if a student takes longer than four years to complete a four-year undergraduate degree due to illness or other extenuating circumstances, they will not be eligible for the debt cap.

Post-secondary students are being asked to contact the New Brunswick Student Alliance if they are one of the students ineligible for the benefit, in the hope that they can appeal the restriction.

For the complete CBC News story, click here.